LATEST COVID-19 CORONAVIRUS NEWS

Covid responsible for 32% of the Exeter’s IP claims

The Exeter paid over £10.1m in income protection (IP) during 2020, equating to 91% of...

Bluestone seeks to support self-employed hit by Covid

Bluestone Mortgages has updated its credit policy tor provide further support to self-employed borrowers...

SME owners optimistic about businesses reopening

25% of SME leaders feel optimistic about businesses reopening following the third lockdown and...

Covid causing over-60s to move to rural areas

A Deposit Protection Service (DPS) survey of tenants who moved during the pandemic has...

Demand still strong despite February mortgage approval fall

The Bank of England has reveal that mortgage borrowing strengthened in February with individuals...

South West most popular region for holiday lets

Figures from Hodge Bank show that sales of holiday homes near the coast have...

Pandemic property hotspots revealed

The UK’s pandemic property hotspot, according to Land Registry data analysed by Andrews Property...

No slowing down for property transaction volumes

HMRC's provisional seasonally adjusted estimate of UK residential transactions in February 2021 is 147,050. This...

‘Furlough-friendly’ mortgages top criteria searches

Legal & General has reported that mortgage brokers were sourcing furlough-friendly mortgages more than...

25-44 year olds considering income protection since Covid

8.3m (48%) of 25-44 year olds without income protection have become interested in taking...

Smart Money sees increasing Covid-related consolidation

Specialist packager and distributor, Smart Money, has reported a rise in broker enquiries for...

LV= reveals Covid-19 payouts

LV= has revealed that life insurance, critical illness and income protection claims caused by...

Covid costs compounded by SVR rollover

19% of homeowners haven't been able to remortgage their home since the Covid pandemic...

Renters at risk of eviction due to Covid rent debts

A leading debt charity has warned that when restrictions are lifted, 150,000 private renters...

COMMENT

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM) is sometimes portrayed as a quick way for residents to...

No holidays: advice firms need a plan for a busy August

Every summer, the same quiet risk runs through the intermediary market. Advisers, case managers and administrators go on holiday. Specialist lending cases, which have...

Every rate shock is becoming a test of the modern mortgage business

Halifax, Barclays and HSBC increased selected mortgage rates by up to 0.20% this week, effective 21 July. Halifax removed its sub-4% deals entirely. Barclays'...

Your next client is probably more complicated than your last one

There's a shift happening in the mortgage market that most small firms aren't ready for. It's not about rates. It's not about the political...

Why post-contract variation is becoming the mortgage market’s next battleground

For much of the past decade, mortgage technology investment has focused on origination and with good reason. Faster decisions in principle, automated affordability assessments,...

Latest news

Simplify’s trust gives £22,500 to nine local charities

The Simplify Charitable Trust has donated £22,500 to nine charities working in communities across...

Landlords turn to portfolio refinancing to fund expansion

More than three-quarters of landlords are considering refinancing their existing portfolios to fund further...

LiveMore launches mortgage for homes with spray foam insulation

LiveMore has launched a mortgage designed for homeowners whose properties have become difficult to...

House price growth slows to 2.7%

Annual UK house price growth slowed to 2.7% in May, down from 3.9% in...

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